While the National Treasury claims that South Africa is “turning the corner” with its 2026 Budget, the reality on the ground tells a different story. In a detailed response to the Treasury, the People Against Budget Cuts (PABC) challenges this narrative of a “balanced fiscal strategy.” They argue that current policy choices prioritise tax relief for the wealthy and elite while neglecting to address structural poverty and high levels of unemployment. Below is the PABC’s response, which explains why they believe that current fiscal consolidation measures are deepening the social crisis rather than resolving it.
People Against Budget Cuts Challenge Treasury on Regressive Budget Policies
Posted in AIDC Tagged with: 2026 Budget, Basic Education, Basic Education Employment Initiative (BEEI), Gautrain, National Treasury, Operation Vulindlela, People Against Budget Cuts (PABC), Presidential Employment Stimulus, Privatisation, Social Grant, Thuthuzela Care Centres, Upper-Bound Poverty Line
